PIMCO's Bill Gross Sees Higher Real Interest Rates

Bill Gross is the manager of the world's largest bond fund at PIMCO.

Gross believes that "bonds have seen their best days" and that both inflation and real interest rates are headed higher.

The comments in a recent Bloomberg interview are largely directed towards fixed income investors but should carry weight with anyone who is considering an interest rate sensitive financial product, including annuities.

Source: Bloomberg

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